14921 Vanowen St

Van Nuys, CA 91405

$3,200,000
Last Sold Price
2
Beds
15
Baths
11,832 Sq. Ft.
$270 / Sq. Ft.
11,832
Sq. Ft.
$270
per Sq. Ft.
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Closed 8/15/23Virtual Tour
Closed 8/15/23Virtual Tour
a front view of a house

Description

14921 Vanowen Street is located between Sepulveda Blvd and Van Nuys Blvd just east of the 405 Freeway on Vanowen Street in the heart of Van Nuys. This (15) Fifteen unit apartment building is comprised of (15) Fifteen (2) Two-bedroom and (1) One-Bath Units. The property has a tremendous rental upside and is a value add property. The property has on-site laundry and is individually metered for gas and electricity. The property benefits from an extremely high-demand rental location.14921 Vanowen Street is located between Sepulveda Blvd and Van Nuys Blvd just east of the 405 Freeway on Vanowen Street in the heart of Van Nuys. This (15) Fifteen unit apartment building is comprised of (15) Fifteen (2) Two-bedroom and (1) One-Bath Units. The property has a tremendous rental upside and is a value add property. The property has on-site laundry and is individually metered for gas and electricity. The property benefits from an extremely high-demand rental location.
  1. Listed by James Antonucci • DRE #01822661 • Brokerage DRE #01428774 • Keller Williams Realty-Studio City • 818-381-6601
  2. Listed by Michael Pesci • DRE #01274379 • Brokerage DRE #01428774 • Keller Williams Studio City

Property Details for 14921 Vanowen Street

Parking Spaces Total
0
Private Pool
No
Total Units
15.0
Building Type
Attached
Lot Size Source
Assessor
Living Area
11832
Assessor Parcel Number
2220-018-023
Property Attached YN
true
LISTING UPDATED: 08/16/2023 03:49 AM

Property Details for 14921 Vanowen Street

StatusClosed
MLS #SR23055471
Days on Market71
Taxes-
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential Income / Res Income 2-4 Units
Year Built1953
CountyLos Angeles County
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Location

Listing Courtesy of Keller Williams Realty-Studio City, James Antonucci, DRE #01822661; Keller Williams Studio City, Michael Pesci, DRE #01274379

Sold By Keller Williams Realty-Studio City, James Antonucci, DRE #01822661; Keller Williams Studio City, Michael Pesci, DRE #01274379

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Building Information for 14921 Vanowen Street

Building/Complex14921 Vanowen StFloor-Stories2Residences-Pet Policy-Pet Policy Details-Year Built1953Building Size-

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$19,001 per month

30 year fixed, 6.15% Interest

Principal and Interest

$15,596

Property Taxes

$3,405

HOA Dues

$0

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Property Information for 14921 Vanowen Street

Rental Info
Rental Info
  • Tenant Pays: Electricity, Gas
Income / Expense / Tax Details
Income Details
  • Gross Income: $247,920
  • Gross Scheduled Income: $255,588
  • Vacancy Allowance: 7651
  • Vacancy Allowance Rate: 3
  • Gross Operating Income: $247,920
  • Net Operating Income: $155,410
  • Laundry Income: $900
  • Gross Multiplier: 12.91
  • Cap Rate: 4.71
  • Financing: Cash To Existing Loan
Expense Details
  • Operating Expense: $92,510
  • Operating Expense Percent: 36.20%
  • New Taxes Expense: $41,238
  • Gardener Expense: $1,500
  • Pest Control Expense: $900
  • Electric Expense: $7,800
  • Insurance Expense: $5,916
  • Professional Management Expense: $0
  • Trash Expense: $5,400
  • Water Sewer Expense: $7,800
  • Total Expenses: $92,510
Tax / Assessment Info
  • Tax Tract Number: 18808
  • Tax Census Tract: 1278.04
  • CFD/Mello-Roos Fee: $1,830
  • Tax Lot: 1
Community / Development
Community / Development
  • Community Features: Urban
Property / Structure Info
Interior Features
  • Laundry: Yes
  • Laundry Features: Community
Exterior Features
  • Pool Features: None
  • Pool Description: None
  • Pool: N/K
  • Pool Heat: N/K
Land/Lot Info
  • Lot Features: 11-15 Units/Acre
  • Number Of Units: 15
  • Land Lease: No
  • Land Lease Type: Fee
  • Levels: Two
  • Water: Public
  • Sewer: Public Sewer
  • Water Source: Public
Parking Info
  • Garage Spaces: 0
  • Parking Garage Spaces: 0
  • Carport Spaces: 0
Property / Structure Info
  • Residential Styles: Res Income 2-4 Units
Unit Information
Unit 1
  • Unit Type Units Total: 15
  • Unit Type Beds Total: 2
  • Unit Type Baths Total: 1
  • Unit Type Furnished: Unfurnished
  • Unit Type Garage Spaces: 0
  • Unit Type Garage Attached: No
  • Unit Type Actual Rent: $21,224
  • Unit Type Total Rent: $21,224
  • Unit Type Pro Forma: 33750
  • Unit Type Type: 1
Unit Information
  • Rent Controlled: Yes
  • Number Of Buildings: 1
  • Number Of Separate Electric Meters: 15
  • Number Of Separate Gas Meters: 15
  • Number Of Separate Water Meters: 1

Property History for 14921 Vanowen Street

DateEvent & SourcePriceAppreciation
Aug 15, 2023

Sold

SDMLS #SR23055471

$3,200,000—
Aug 15, 2023

Sold

CRMLS #SR23055471

$3,200,000—
Aug 15, 2023

Sold

CLAW #SR23055471CN

$3,200,000—
Jun 14, 2023

Pending

CRMLS #SR23055471

—
Jun 14, 2023

Pending

CLAW #SR23055471CN

—
Jun 14, 2023

Pending

SDMLS #SR23055471

—
May 26, 2023

Sold (Public Record)

Public Record #1516497073

$3,200,000

+7.7% / yr

Apr 4, 2023

Listed (Active)

CRMLS #SR23055471

$3,299,000—
Apr 4, 2023

Listed (Active)

SDMLS #SR23055471

$3,299,000—
Apr 4, 2023

Listed (Active)

CLAW #SR23055471CN

$3,299,000—
Nov 24, 1999

Sold (Public Record)

Public Record #68407973

$565,000—
DateEvent & SourcePrice
08/15/2023

Sold

SDMLS #SR23055471

$3,200,000
08/15/2023

Sold

CRMLS #SR23055471

$3,200,000
08/15/2023

Sold

CLAW #SR23055471CN

$3,200,000
06/14/2023

Pending

CRMLS #SR23055471

—
06/14/2023

Pending

CLAW #SR23055471CN

—
06/14/2023

Pending

SDMLS #SR23055471

—
05/26/2023

Sold (Public Record)

Public Record #1516497073

$3,200,000

+7.7% / yr

04/04/2023

Listed (Active)

CRMLS #SR23055471

$3,299,000
04/04/2023

Listed (Active)

SDMLS #SR23055471

$3,299,000
04/04/2023

Listed (Active)

CLAW #SR23055471CN

$3,299,000
11/24/1999

Sold (Public Record)

Public Record #68407973

$565,000

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 14921 Vanowen Street

Taxable ValueLand$1,958,400Additions$1,309,500Total$3,267,900
Tax Record2025$40,864 ($3,405 / month)
Home Facts
Total Finished SqFt11,832 SqFtAbove Grade Finished SqFt11,832 SqFtLot Size16,085 SqFtStyleMulti-Family Res (5+ Units)Year Built1953ZoningLAR3CountyLOS ANGELESAPN2220-018-023

Schools near 14921 Vanowen Street

This home is within Los Angeles Unified School District.
Rating
School
Type
Grades
Distance
Columbus Avenue School
Public - K to 5
Robert Fulton College Preparatory School
Public - 6 to 12
Van Nuys Senior High School
Public - 9 to 12
Will Rogers Continuation School
Public - 9 to 12
Rating
School
Distance
Columbus Avenue School
PublicK to 5

Robert Fulton College Preparatory School
Public6 to 12

Van Nuys Senior High School
Public9 to 12

Will Rogers Continuation School
Public9 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass, Inc., its subsidiaries, affiliates and their agents and associated third parties expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Keller Williams Realty-Studio City, James Antonucci, DRE #01822661; Keller Williams Studio City, Michael Pesci, DRE #01274379

Based on information from one of the following Multiple Listing Services: CRMLS, CLAW, I-Tech, ROWMLS, GPSMLS, SDMLS, VCRDS/PFAR, Idyllwild Association of Realtors, Ojai Valley Board of REALTORS and/or AVMLS. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by CRMLS, CLAW, I-Tech, ROWMLS, GPSMLS, SDMLS, VCRDS/PFAR, Idyllwild Association of Realtors, Ojai Valley Board of REALTORS and/or AVMLS is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.